Bitget, a leading global crypto exchange, and avalanche, the high-performance smart contract platform, have announced A strategic cooperation aimed at accelerating web3 development between India. The partnership shows an obligation from both companies to invest in the fast-growing blockchain ecosystem from India-home to more than 1,000 web3 startups and some of the world’s most active crypto users.
The aim is to achieve more cities, to involve more young people and to finance more ideas. Together, Bitget and Avalanche want to enable local builders, students and developers with the tools, exposure and financial support they must build for the future of the internet.
A shared vision: education, access and opportunities
The Blockchain4yOouth program of Bitget has promised $ 10 million over the next five years to promote blockchain education through trade fairs, hackathons and workshops. This initiative is not only aimed at India, but includes worldwide communities, with the intention of creating a strong grassroots movement.
Image: Bitget
In the meantime, Avalanche deepens its involvement with India by working together with government agencies on social projects and offering mini subsidies to developers. The focus remains on creating a decentralized ecosystem that can support both consumer and business applications.
Devika Mittal, regional head at AVA Labs, emphasized that the Web3 community of India is both active and ambitious.
“Our goal with events is to offer a space to every web3 enthusiast – in Delhi or Varanasi, or somewhere else – to connect and build.” said Mittal.
Grassroots -Campagne: The ‘Hodl On’ Tour
The first step in this collaboration is already underway. The ‘Hodl on’ tour – jointly launched by Bitget and Avalanche – has already organized successful community events in Delhi and Bangalore. These meetups serve as room for education, cooperation and presenting talent. From students to starting founders, attendees get access to Real-World learning experiences and possible financing options.
Jyotna Hridyani, South Asia head at Bitget, believes that education is the basis.
“Entering users with the right knowledge is essential to unlock the full potential of blockchain in the digital future of India,” Hridyani Staed. “At Bitget we are dedicated to bridge this gap through community programs, partnerships with universities and accessible learning resources.”
Why India, why now?
India is the world’s top country in the acceptance of crypto and is in second place worldwide for the number of active web3 developers. The population of technically educated young people and the scale of its digital economy offer fruitful soil for blockchain to thrive-and the right resources are given.
Avalanche’s involvement in local government agencies also adds credibility and scope to the mission. Their efforts are not limited to technical circles-they want to work on welfare projects and to increase the real impact of blockchain in sectors that are important to the wider public.
The role of Bitget in the Web3 journey of India comes when the exchange strengthens its global footprint. In July 2024, Bitget announced that it worked on full approval of the regulations in India. This step corresponds to the recent success of the company in obtaining regulatory approval in El Salvador as a digital assetrovider.
According to the Bitget’s Q1 2025 transparency report, the exchange saw an increase of 159% in spothandel volume, with $ 2.08 trillion. His native bitget -token (BGB) is now one of the top 50 cryptocurrencies per market capitalization.
What lies for us: a year from building
Both Bitget and Avalanche are committed to continuing this partnership until the end of 2025. Their combined efforts will include more workshops, more subsidies and more meetups in cities in India. The aim is to feed the Web3 Talent Pipeline of India and to help startups to get visibility, mentoring and financing.
The partnership also offers international exposure to Indian developers, so that they are broken into at the world markets and at the same time remain based on local innovation.
India is currently organizing more than 1,000 Web3 startups. Bitget has set a daring goal: double that number by 2025.